Passive income is basically a different way of saying: “make money without working.”But there is something important that I must emphasize before you confuse the concept. |
Generating passive income is not waiting for money to fall from the sky. The idea is structuring an income stream, so that it can reach our bank accounts or wallets, |
without us doing anything for it.But in principle, a passive income requires a lot of work.People who create a passive income, are seen working hard for days, weeks, |
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months and even years until everything is ready for the thing to work automatically.Now, a passive income is not necessarily something that is generated constant and resonant. |
That is, if you make $ 100 this month, the other $ 80 and the other $ 104 . it’s fine, as long as said money does not require your time.In simple words, |
I will put a phrase by Steve Pavlina, which explains very well the difference between a normal income, and a passive income. |
| How to Create a Passive Income
Now, this sounds great, however, it seems an arduous and difficult process And in fact, to a certain extent, it is.But I do not think it’s more difficult than working for an active income in a little more time. |
| Let me explain: If you are an employee, you will usually have to dedicate 8 hours a day for 5 days a week, to structure the income of another person, with your work whatever it is I believe that to create a passive income, it would not take more than 2 to 4 hours a day. |  |
Or maximum 6 if you have good free time.When I started my first Passive Income project online, I spent 10 or 12 hours a day.But this was because I wanted to finish faster and because I was passionate about it.Of course, you must choose something that you like, | ||
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and apart from that be profitable.But the most important thing is that creating and structuring a passive income is much less work, than enriching another with a job.And in fact, if you have a job right now, you can start creating wealth in your free time.It only takes commitment. |  |